Wool Market Report – 21 November 2019

SA’s top sheep and cattle farmers announced
November 21, 2019
Wool Market Report – 28 November 2019
December 2, 2019
21-november-wool-market-report

On the 12th wool auction of the 2019/2020 sale season, the merino wool market indicator decreased by 3,0% to close on 16941c per kg clean wool.

The average clean wool market indicators for good quality long fleece wool (MF4/MF5) with a tenstile strength of 35 (NKT) were as follows:

Fibrediameter (µ) CWP*   PM** Fibrediameter (µ) CWP* PM**     *Clean wool price

**Price movement

 

18 µ 18278 (-4,6%) 21 µ 17452 (-1,5%)
19 µ 17805 (-3,3%) 22 µ 17123 (-1,9%)
20 µ 17195 (-2,7%)

The key buyers from the previous sale were: G Modiano (4,642 bales), Standard Wool (4,301 bales), Lempriere SA (1,167 bales) Of the 12,337 bales offered 11,862 bales were declared sold (96%).

Highest prices achieved on the BKB auction were as follows:

TOP 10 BKB PORT ELIZABETH
  Area Descr. AWEX Type Mic Clean NKT Price
1. AJB Lubbe Smithfield BH MWF4S.70 17.4µ 75.5% 43 15700c
2. AJB Lubbe Smithfield BBH MWF4S.77 17.8µ 74.8% 33 15610c
3. L.Groenewald Riviersonderend AH MWF4B.94 16.5µ 70.0% 46 15450c
4. L.Groenewald Riviersonderend CL MWF4B.70 16.7µ 72.3% 44 15450c
5. L.Groenewald Riviersonderend BH MWF4S.86 16.5µ 69.5% 37 15400c
6. L.Groenewald Riviersonderend BFY MF4E.84 17.4µ 73.4% 32 15060c
7. Midkop Bdy Jagersfontein BBMY MF4S.69 18.9µ 74.4% 42 15010c
8. AJB Lubbe Smithfield AH MWF4S.85 18.3µ 75.5% 49 14960c
9. JA Le Roux Smithfield BBM MF4S.76 20.8µ 76.2% 57 14810c
10. L.Groenewald Riviersonderend BFY MF4S.81 17.1µ 71.1% 42 14660c


The next auction will take place on the 28th of November 2019.

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